USD/JPY: pair consolidating

Forex analytics: Current trendAt the beginning of this week, the pair is consolidating in a narrow sideways channel after a sharp growth in the end of last week.Pair’s growth was the result of strong data on the US labour market for October that exceeded forecasts of economists. The Unemployment Rate fell to 5%, while the Nonfarm Payrolls amounted to 271 thousands, instead of forecasted 180 thousands. The ...